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Farmers and Stockmens Bank of Clayton, The

Clayton, NM · Cert 13625

FDIC · 5 branches

Q3 2022

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2022, the quarter ended September 30, 2022, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Farmers and Stockmens Bank of Clayton, The

Clayton, NM · Cert 13625

FDIC · 5 branches

Q3 2022

$572.3MAssets
$370.6MLoans
$507.9MDeposits
$50.1MEquity
Loan mix
69%RE $175.6M30%C&I $77.8M1%Consumer $2.9MQ3 2021Q3 2022
Deposit mix
57%Interest-bearing $290.9M43%Noninterest $217.0MQ3 2021Q3 2022

NIM

4.43%Q3 ’204.44%Q3 ’213.48%Q3 ’22-25%-23%

Non-interest income vs. expense

4.25%Q3 ’204.98%Q3 ’213.82%Q3 ’22+6%+3%

Market Position · Colorado Springs, CO · 2022 SOD (annual) · 1.6% share · #14 of 40 inst. · $0.2B of $12.0B

1.7% El Paso
0.3% Denver
58.3% Union
100.0% Harding

Executive Summary

  • Earnings: ROA of 0.89%, down 102 bps year over year; NIM at 3.24%.
  • Asset quality: problem loans at 0.00% of loans (-1 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 8.41%, down 76 bps from a year ago.
  • Funding: loans stand at 72.98% of deposits as of Q3 2022.

Financial Results

Return on Assets (YTD, annualized)

0.89%-102 bps YoY

Net Interest Margin (YTD, annualized)

3.24%-94 bps YoY

Efficiency Ratio (YTD, annualized)

75.54%+634 bps YoY

Tier 1 Leverage Ratio

8.41%-76 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets1.91%1.37%0.74%0.74%0.89%-102 bps
Return on Equity20.70%15.15%8.61%8.47%10.20%-1,050 bps
Net Interest Margin4.18%3.17%2.79%3.10%3.24%-94 bps
Efficiency Ratio69.20%73.70%78.45%77.02%75.54%+634 bps
Non-Interest Burden1.93%1.75%1.76%1.89%1.98%+5 bps
Growth
Asset Growth (YoY)3.66%21.66%24.21%37.26%27.81%+2,415 bps
Loan Growth (YoY)-16.98%-16.83%-6.16%34.09%28.82%+4,580 bps
Deposit Growth (YoY)43.13%60.69%55.22%41.20%29.40%-1,373 bps
Asset Quality
Nonperforming Loans / Loans0.01%0.01%0.01%0.00%0.00%-1 bps
Net Charge-Offs / Loans0.01%0.00%0.00%0.00%0.00%-1 bps
Allowance / Loans1.37%1.52%1.32%1.32%1.33%-4 bps
Allowance Coverage of NPLs164.0x180.9x186.5x414.8x411.3x+247.2x
Capital
Tier 1 Leverage Ratio9.17%8.52%8.05%8.57%8.41%-76 bps
Total Risk-Based Capital14.36%14.31%14.21%12.84%13.18%-119 bps
Equity / Assets9.15%8.48%8.64%8.95%8.75%-40 bps
Liquidity & Funding
Loans / Deposits73.30%57.06%67.15%77.91%72.98%-33 bps
Liquid Assets / Assets3.40%7.97%29.55%20.63%25.02%+2,162 bps
CRE / Total Capitaln/an/an/an/an/an/an/a